When the House Tax committee reconvenes today, one of things under discussion will be a new plan for funding improved infrastructure around the Mayo Clinic in Rochester. Some lawmakers want the city of Rochester and Olmsted County to kick in more money toward the project. MPR's Cathy Wurzer spoke with Rochester Mayor Ardell Brede about the new plan.
If the Mayo Clinic is to expand in Rochester, city and county residents must contribute a larger share of the $500 million needed for public transit and other improvements, state lawmakers said this week.
Mayo Clinic is dropping a complicated tax plan that relies on more than $500 million in state funds to make improvements in Rochester in favor of a plan that would rely on a more direct contribution from the state.
A complicated tax capture plan sought by the Mayo Clinic to assist in a 20-year growth plan is being dropped in favor of state aid payments directly tied to the amount of private spending on the development.
Go Deeper.
Create an account or log in to save stories.
Like this?
Thanks for liking this story! We have added it to a list of your favorite stories.
When Minnesota lawmakers return to the state Capitol on Tuesday to focus on a two-year budget, they will also weigh whether to approve the Mayo Clinic's request for $500 million to support its $3 billion expansion plan. Lawmakers say they want to help the hospital and clinic system grow, but some have concerns about the size of its funding request and the overall financing plan.
The Mayo Clinic is pledging to spend $3 billion over the next 20 years to expand in Rochester, and asks that the state of Minnesota contribute half a billion dollars to pay for infrastructure needs associated with that growth. Lawmakers have not decided whether the state should support the plan but a lot of people are talking about how Mayo might continue to expand its footprint in Rochester.
Since 1966, the Mayo Clinic has collected as many medical records as possible in Minnesota's Olmsted County to generate powerful studies that help save lives. The Rochester Epidemiology Project, with nearly 600,000 medical records, has provided groundbreaking information on a variety of conditions. The project is expanding to other counties, which will help researchers broaden its database.